Regulators sought details from Facebook
Documents show that federal regulators wanted to know more about Facebook’s mobile users and the company’s relationship with the online game company Zynga in the months leading to Facebook’s initial public offering of stock.
Facebook Inc. disclosed its letters with the Securities and Exchange Commission in filings Friday. They show the back-and-forth between Facebook and the SEC on issues such as Facebook’s purchase of AOL patents from Microsoft Corp. and its pending purchase of Instagram. Regulators also wanted to know what it means that CEO Mark Zuckerberg controls Facebook.
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